Evolent Health, a rapidly growing, public company founded in 2011, “helps progressive health care systems lead, build and own the path to value-based care.”

^[1] The company works with health systems to help them successfully assume and manage clinical and financial risk for populations.

Chief Executive Officer, Frank Williams, describes it as, “trying to help systems in their full journey to value-based care.”

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Evolent Health is headquartered in Arlington, Virginia. The company has additional sites in San Francisco, Pittsburgh, and in client markets across the nation. As of September 2014, the company’s team includes more than 660 employees. ^[3] Evolent Health was founded by the University of Pittsburgh Medical Center and The Advisory Board Company. UPMC and The Advisory Board contributed $24 million in funding. ^[4] The current Chief Executive Officer is Frank Williams, the President is Seth Blackley and the Chief Operating Officer is Tom Peterson. The company’s first client was Medstar Health in 2011 and it has now expanded to serving over 25 markets throughout the country. Clients include Indiana University Health, ^[5] Premier Health, and ^[1] WakeMed Health & Hospitals. ^[1] In December, 2012, Evolent Health signed a six-year deal for 33,972 square feet of an office building in Ballston, VA. ^[1] Since then, it has expanded to cover three floors of the 10-story building. ^[1] Evolent Health announced $100 million in Series B fundraising as TPG Growth joined the original co-founders as an investing partner in September 2013. ^[1] The company’s mission is: “To change the health of the nation by changing the way health care is delivered.” ^[1]

Evolent Health begins each endeavour with a consulting engagement, called the Blueprint, which allows their team to assess the current state of the health system and provide further recommendations on how to start the path toward a value-based health system.

^[1] Evolent is focused on the prevention of future illness and how to improve the efficiency of health systems.

^[1] Through their technology platform, Identifi, ^[1] data analytics enable physicians to identify high risk individuals and create targeted interventions personalised to that individual. Care is coordinated through a care team that works to engage the patient in their health and provide all aspects of care and assistance to the patient as needed. ^[1]

By offering consultation, implementation and even having a few employees embedded on site, Evolent is able to form long-lasting partnerships and work with the system throughout the whole transition, acting as a coach by offering advice and expertise.

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